Question Q.2GS3GS3
What do you understand by 'Reverse Brain Drain'? Identify the key drivers of the rising trend of this phenomenon in the country.
Main Body
Reverse brain drain refers to the reverse migration of people like professionals, intellectuals, students staying in foreign countries back to their country of origin. Reading trend of reverse brain drain has been observed post-pandemic era. Key drivers being reverse brain drain: (1) Economic dynamism of the Indian economy i) Indian economy on the pathway to be 3rd largest economy globally. (2) Emergence of India as one of the largest consumer market
3Rise in startup culture is 2nd largest startup ecosystem (Eco-System) (4) Demographic dividend promises growth potential, labour availability. (5) Ease of doing business since GST Reforms → single window clearance i) labour code Reforms (6) Increased digitization facilitated by DFI i) Facilitates growth of fintech companies ii) 3rd largest digital consumers (7) Restriction on migration of population i) Protectionist attitude of western countries ii) (Reg.) H1B Visa restrictions of USA (8) Socio-economic reasons, attitude shift post-pandemic.
— ANKITA ANIL PATIL · AIR 140
148 words1 paragraphs
Conclusion
The reverse brain drain is a positive effect for India's growth potential and the dream of becoming the 'Vishwa Guru'.
20 words
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Topper
ANKITA ANIL PATIL
AIR 1402025
Subject & Paper
GS3GS3
Topic
Economic Development
Employment related issues
Employment related issues
Writing Stats
168
Total words
1
Paragraphs
formal
Tone